Definition of 'unearned income'. unearned income (ÊnÉËÊ³nd ÉªÅkÊm ) Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job. Reduction in the tax on unearned income could be a boost for small businesses.
Email Print Text Size. President Obamaâs trusted senior advisor, Valerie Jarrett, was a key player in the effort to cover up that Attorney General Eric Holder lied to Congress about the Fast and Furious scandal, according to public records obtained by Judicial Watch.
AP. President Barack Obama has asserted executive privilege in response to requests made by Rep. Darrell Issa (R-Calif.), chairman of the Committee on Oversight and Government Reform, who has embarked on a controversial investigation into the Department of Justice's Operation Fast and Furious gun-running program.